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years, union bank, and fidelity investments. >> your personal economy has made up of the things that matter most, including your career. as those things change, fidelity can help you readjust your retirement plan. rethink how you are invested and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can take your personal economy. fidelity investments. turn here. captioning sponsored by macneil/lehrer productions >> woodruff: law enforcement officials say the surviving suspect in the boston bombings has admitted he did play a role in the attacks, and they believe he and his brother acted alone. good evening. i'm judy woodruff. >> ifill: and i'm gwen ifill. on the newshour tonight, we get the latest on the investigation, and the condition of dzhokar tsarnaev, upgraded today to fair. >> woodruff: plus, jeffrey brown examines the lessons learned for public safety officials about security at big events and gatherings. >> ifill: then, a powerful democrat, montana's max baucus, is the eighth senator to say he won't see
agricultural workers to seek nonfarm jobs as economy improved in the 1990s. the special agricultural workers who left farm work were replaced by new arrived unauthorized migrant. by 1997 and 1998 it was estimated that the special agricultural workers were only about 16% of the crop workers. so, mr. connor, aren't we afraid or shouldn't we be afraid giving legal status to people here illegally will repeat the mistakes we made in 1986 putting the ag industry in the same position in the long run. in other words it comes about because of farmers come to us and they need workers. okay. we bring in the workers. then they migrate someplace else and people illegally came in after wards. how do we avoid the mistake we made in 1986? >> senate grassley, your question is a great question. it's -- it goes to the heart of fundamentally of the basis of our negotiation that on o- curing in senator feinstein's office. the blue card program for the current existing trained work force is an important component. equal we don't know with absolute certainty over the next decade or so what is going to be the statu
each other's lives. it is of a free market economy that grants everyone a fair chance and an unfettered start in the race of life. it is of a voluntary civil society that strengthens our commuters, protects the vulnerable, and minds the gaps to make sure no one gets left behind. and it is of a just tolerance and sustainable federal government that protects and complements free enterprise and civil society rather than presuming to replace them. this vision will not realize itself. the left, the inertia of the status quo, and the entire economy of this city stand a raid against it. realizing it will sometimes require conservatives to take on entrenched interests and policies and political third rail. many of these will be interests traditionally aligned with and financially generous to establishments within both political parties become sometimes it will require us to stand up for those that no one else will. the unborn child in the womb, the poor student in the failing school, the reformed father of my wishing in prison, the single mom trapped in poverty, and the splintering neighborhood
plans down the road. it's a fox business exclusive and a good read on the economy. that's next. as the an anticipation for apple earnings reports mount, we'll look at the best selling mobile phones, not just now, but of all time. phones that you may be surprised to see that app iphone is not in the top three. stay tuned. ♪ ♪ @ why are 8 million people why are 8 million people sleeping better tonight? they went to a sleep number store. the only place in the world you'll find the sleep number bed. a bed with dual air technology that allows you to adjust to the support your body needs. each of your bodies. the only place you'll find our bed-clinically proven to help each of you slee more soundly. and the only place you'll find sleep professionals that will help you find a number that will change your life. your sleep number setting. you won't find any of these innovations in an ordinary mattress store. you'll only find sleep number at one of our over 400 stores nationwide. and now you can save $400 on the only memory foam bed with sleep number technology that adjusts to e
the economy french economy is in. now, the german survey responses say the economies were worried about the impact prices. in france, they're much more domestically focused with some suggestions that things couldn't get any worse. >> well, the domestic situation is already a known negative. just to recap for viewers, as well, the composite, which includes both the services and is manufacturing, pmi came in at 46.5 in april for the eurozone. that was just ever so slightly above the 46.4 estimate and manufacturing came in 46.5. the services figure was 46.6. but, again, it's some of the weakness in the core economy of germany that's catching the market's attention this morning. the euro weaker, the xetra dax off by about 0.2%. we're going to get some uk data out at 9:30. also coming up on the show, the how companies are battling to take a foothold in the alternative energy market in china. then at 11:10, we'll be joined by jim o'neill as he nears the end of his tenure at goldman sachs. we'll get his best and worst investment calls from his time in the city. we'll hear up for earnings from
. part of it is the economy. improving economy in the united states tends to attract people as well. we just haven't seen that, but monitor those flms -- numbers. we have -- the thing that troubles me the most is the smugglers who do this for profit, who are taking creative routes either up through the bahamas, we're seeing haitians being run through puerto rico right now. so it's a constant battle as the smugglers get smarter and daring. they are smaller than the land border. >> the smuggler industry, for lack of a better term, is that on the increase, is that on the decrease? what's the trend? it's an recollection spencive undertaking. my understanding is they charge thousands of dollars per person they bring. is that something we've seen an increase in or decrease and if we've seen a decrease, is it because of economic factors? how do we stop these? it sounds like a fast boat through the middle of the caribbean is not something we would necessarily stop. >> i think flow of migrants, it's similar to the flow of drugs. people are very creative. yes, we've seen an increase in those peop
and perhaps boosting our economy if we can't be sure who to let in? with me now are american enterprise scholar maaed din, we also have economist extraordinaire, professor peter morici. thanks for joining us. madeine, let me start with you. as we said, as we look at this immigration bill, you can immediately feel a reaction coming out of what happened with boston. to slow down on anything that we might be doing including student visas, including asylum, including some of the workers that we would need especially in the area of student visas who might graduate and then be productive in their economy. what are your thoughts on this? >> well, melissa, that's a great question, and thanks for having here to talk about this. the immigration bill that's before the senate right now, it's a great piece of legislation. and it would have no bearing whatsoever on the vy tragic events that happened in boston. the reality is that people who are here, unfortunately, be they native or immigrant, sometimes you commit horrific acts. but we don't base immigration policy on that. we should base it on our e
economy still in front of us that we need solutions for. and i think the women can very much be part of that debate in bringing it forward. >> i've always been struck by the fact that even when there weren't 20, that the women senators have always bonded across party lines. and across ideological lines. i know that lisa murkowsky's vote against gun background checks was a big disappointment to many of you and she was supposed to be the host of tonight's get-together until it was moved to the white house. and heidi heitkamp, how difficult might that conversation with with the white house. we told that the white house was very angry with her to have voted against the background checks. >> you know, andrea, both heidi heitkamp and lisa murkowsky voted for the gun trafficking bill. there was a measure that they were willing to support to end gun trafficking, straw purchasing, pro enforcement measures. so i think there's bipartisan support for these bills, i think we can find consensus going forward and we have to work a little harder. i find the women to be very open to these issues and
states competitive in our global economy. >> in order to get an outside opinion of what is going on in america, i traveled to germany -- he told up with me how things were done in germany. there are many such special in america. our apprenticeship program in germany is very dynamic. wasmerican friends surprised to see the same staff sweeping and serving. things areessary learned in the three-year apprenticeship. it serves as a worldwide example and should be maintained. >> apprentice ships? not a good enough? i needed some sort of explanation. that is why i spoke to the headmaster of westminster academy. >> one of the challenge that educators face is the changing of the family. there was a time in which the mother, father, children would be a home in which they would be growing up with both parents. now when students go to school in the only have one parent or there are issues in the home, they're bringing those challenges and to the classroom. what schools could should do it should help children love to learn, love to read, it becomes thinkers, become learners, become problem so
' seeing a slowdown in the economy after a stock first quarter, joining us, wells fargo chief economist, john sylvia, you see a slowdown here? >> there is a slowdown that is what bothered market, stock market a little bit, we a single family housing stocks, retail sales disappointing. building into the commodity market, chinese economic growth is disappointing. people at the inning of year think this economy will take off, and earnings will be strong, then as year goes down they tamper down those expectations. >> you know there is one stock that stands a metaphor, caterpillar, we see themith disappointining results off 42 their earnings, because they are off in the mining sector, but they tell us about good news, just the ophip of what said in -- opposite of what you said in china in their outlook. >> caterpillar is a true global business, they have a lot of infrastructure, a lot of mining and lot of development in many of the asian economies, looking at u.s. companies as traditional as manage mcdonald's and coca-ca have earnings abroad. lou: do you care that ben bernanke is not going
obama, i sided with john kerry, i sided with barney frank. on ensuring our entire economy did not collapse. the bush administration for eight years had turned a blind eye to the fact that a casino had been set up on wall street that was now leading to a collapse of our economy. in 2008, i did not support any of the bush administration era financial regulation policies. but when the threat was that the system was going to collapse and hurt every family in america, i did vote to protect our financial system from collapsing and you did not. in addition, on telecommunications, yes, it was my legislation that broke down the telecom monopolies, cable monopolies that led to a broadband revolution beginning in 1996 that has created millions of jobs in the united states of america, including tens of thousands of them here in the massachusetts economy. and i'm very proud of that. and my name is on the legislation, steve. and i'm proud that my name is on much of that legislation because it was my job to go to washington -- >> that's my point. that's my point. you said we weren't -- that'
-causing chemicals to freely circulate in our economy. they will find it unthinkable to assume an attitude of silence and willful ignorance about our ecology. >> sandra steingraber wouldn't stay silent. today she is at the very heart of the environmental human rights movement that she prophesied. she's fighting to identify and eliminate carcinogens in our air, water and food, and to stop fracking, that controversial extraction of natural gas from deep beneath the earth. she is one of the seneca lake 12, a group of activists who last month blocked the gates of a natural gas storage facility in the beautiful finger lakes region of new york state. on a bitterly cold day in march, they were arrested as they demonstrated against the environmental dangers of fracking and the storing of natural gas in nearby abandoned salt mines. for now, new york has declared a moratorium that prohibits fracking in the state while studies are completed. but, there's no guarantee that gas obtained by fracking elsewhere won't be stored in those salt caverns. as you can see, for sandra steingraber, there is no line between he
. rather, we have the week numbers out of the chinese economy early last week. they are pretty much bearish on all of the commodities. they are saying that gold may turn around. connell: thank you, sandra. let's turn to brian jacobson a busy day in the markets overall. it is always good to have you on, brian. let me start with what sandra identified. the goldman sachs turn on gold. maybe we see the bottom. are they right about this? >> well, i do not think they are right about it. i do not view it as an investment. i view it as a spallation. i think a longer-term trend is for gold to be on the duke line. there are people calling for gold to go higher. short term, we could maybe see the european central bank ease a little bit more. eventually, that will come to an end. i do not think it is a trained eye would want to get on right now. connell: it could have some implications four other markets. for example, i have seen you writing about the fact we are riding a bull market for the u.s. dollar. >> exactly. i would expect if the dollar will strengthen over the longer-term, gold should week. th
to boosting the economy and creating jobs, gop leaders have stuck to one solution. cut spending. >> it's time to cut spending. >> try and reduce the level of spending here in washington. >> our goal here is to cut spending. >> the sequester, it does cut spendi ing spending. >> cut spending. oh, sure, that'll fix everything, right? wrong. president obama repeatedly warned that last month's automatic budget cuts would hurt our economy and slow down our recovery. >> my budget also replaces the foolish across the board spending cuts that are already hurting our economy. >> but speaker boehner, majority leader cantor, and the other far right wingers wouldn't budge. and now the cuts are hurting air travelers. the faa has been forced to slash hours for 47,000 employees. including 15,000 air traffic controllers. and we're seeing airport delays all across the country. surely boehner and cantor are -- would be flying high. after all, they got those spending cuts they wanted to badly, didn't they? not quite. instead, they're still on the attack against the president. pushing the twitter hashtag obama fl
, but it is certainly politics at its worst. for the travel industry, a key driver of the economy, we cannot afford to sit here and have congress pointing the finger at the administration, the administration putting the figure of congress. travelers are stuck in the airport. travel in this decrease over 7 billion jobs and supports those jobs each year. we cannot afford to be delayed in the airport. gerri: it does make a very big difference to our viewers. what you to respond to what the white house was saying today about this issue. listen to this. >> the faa, like other agencies, is personnel have the and in the end you cannot avoid when 70 percent of your budget of your operating budget is personnel you cannot avoid when the cuts are as deep as they are and the sequester, the kind of actions that are taken, these furloughs. that is the unfortunate fact of arbitrary across the board cuts like this. gerri: mike, you know, i want you to respond to that and also this, the faa knew the -- fa w these cuts were coming. what have they been doing? is some of this intentional? is some of tels self-inflicte
to reduce the deficit in a balanced way, a way that doesn't punish the american people and our economy in the meantime. legislation that i'm proposing is simple. and it deserves quick approval. -- no reason to go back even though i would agree to it, let's -- to the buffett rule, let's do some spending cuts, do some more cutting, we've tried that. it wouldn't work. let's try the flexibility. that also won't work because you're dealing with the same amount of money. so i would hope that this simple solution i'm suggesting will be supported by my republican friends. establishing binding caps on war spending. the wars are winding down for certain. right now there's $650 billion there. and as this bill proposes, the one i will ask consent on, it will close that loophole and produce more than enough savings to offset the cost of delaying sequestration for five months. let's put a stop to the furloughs and delays that put a stop to the job losses. let's put a stop to the devastating cuts to programs that keep our poor children from getting an equal shot in life, our senior citizens, our home
for a whole host of reasons and the benefits that reform will provide to our country, to our economy, to our security. and we agree with those coauthors of the legislation in the senate who have made the point in recent days that enhancing our security is one of the reasons why we should press forward with comprehensive immigration reform. speculation about this particular matter is fine, but this is under investigation. the fact is that comprehensive immigration reform, as anybody who has looked into it and can attest, would enhance our security for all the reasons that i talked about at the top. >> okay. -- i'll ask about the faa graham says he disagrees with the obama administration's decision not to prosecute the suspect as an enemy combat it. >> i understand we will have a moment of silence for the victims in boston. that is appropriate, and the president is right to lead that effort. quickly, to the families who have lost loved ones, to those breaks as a nation. to the people of boston, you make us proud by the courage you have shown. to the law enforcement officials and intelligence c
-blooming self-starters. it's the latest chapter in his look at older workers in the american economy and all part of his on-going reporting "making sense of financial news." >> look at this nice, tight stomach with the abs which you could grate cheese on. >> reporter: at 55, judi henderson-townsend is working with a much younger crowd. >> it's like living in the land of dorian gray here. nobody ever ages. >> reporter: after a career spent working with stiffs in the corporate world, says townsend, she started mannequin madness. >> i sell mannequins, i rent mannequins, i repair mannequins, i blog about mannequins. here in our warehouse, we recycle them for the stores for free and then we resell them or rent them to other people. >> reporter: so you mean all those good looking folk back there were going to be dumped. >> those were going to be tossed into the landfill because the store didn't need them anymore. they're just maybe a few years old, but structurally nothing is wrong with them. it's like having a pre-owned lexus. >> reporter: townsend thinks she's modeling a trend: the rise of the m
know you're aware that six of the 10 fastest-growing economies in the world are located in sub-saharan africa, and it is my hope to the extent possible that the state department will prioritize trade with the african nation. you should know that we have a bipartisan bicameral effort working in conjunction with chairman smith to quickly put forward a renewal of the africa growth and opportunity act. so i have four questions i would like to ask you. i wanted to know what steps are you taking to focus on africa's extraordinary growth potential? what are your thoughts about the u.s. appointing a special envoy to the drc? does the request for peacekeeping operations accurately reflect the growing needs on the continent? and can you comment on the significance of the 6% cut to usaid hiv/aids funding? >> thank you very much, congresswoman. let me emphasize first of all that we were really pleased that pepfar was able to be held whole. i think that's vital. i have personally visited, i was in durbin, north of durbin, in the mountains watching of the program is being effectively adminis
, beat or miss estimates? as for the economy, here is today's calendar. >> how is the crowd sourcing experiment gone so far? i haven't looked at the results. >> the results for coming. >>? >> i can't even log in to the borrowing page. >> they've gotten some decent numbers that have come this. i think there are 1500 or 1700 -- >> but are they better -- >> they're good at it, but i think we have made the mistake of picking from predictable companies. that's why we started picking some trickier companies like apple. that's the one that's up in the air. nobody knows exactly what's going to happen. if you can beat on these companies, then we're going to be more impressed. >> apple generates a lot of attention and feedback. if i put out on twitter, will apple meet, beat or miss, some people will say it will meet, some will say it will miss and others will stay you stink, sullivan. >> but you will get responses by putting apple out there. >> anything you say on apple, and i'm an apple lifelong user, and i referenced a couple weeks ago that i was going to buy a windows 8 machine because it w
economy both coming in, you know, more bearish than expectations. what can they do. positive for interest rates. on the other side, we still -- melissa: you think they will step in and do more easing in europe? >> they will cut interest rates. little impact because interest rates are already low. what we need is measures. the ecb could loan some money. melissa: that is an interesting perspective. we are quite bullish on the u.s. economy. we are positive. thinking would be good. this will account for some of the assets. melissa: thank you so much for coming on. lori: we have some updated news for the housing market today. rising 1.5%. that is just shy of the estimates. the pace has increased by 18.5% from year ago. bonuses are getting smaller. they are caving to regulators and scaling back bonuses. the trade journal said the fed started calling banks last year about compensation plans. jon corzine facing a lawsuit now over the collapse of mf global. he is being sued by louie freed. the lawsuit alleges that corzine engaged in risky trading practices. melissa: a vote of confidence and a big
care sector which now constitutes more than one sixth of the american economy. it's a cornerstone of security for tens of millions of americans. the growth of this program which will only accelerate as more and more baby boomers retire as a prime driver of our long-term fiscal challenges. there is a wide debate as to whether this lower rate of growth in recent years means we have finally turned the corner or rather will begin to accelerate again as we continue to recover from the great recession. to explore these issues and possible responses to them, we have, i'm delighted to say, assembled an all-star cast. their full biographies are available at this event and also on line so i will just hit the high points in order of their initial presentations. robert reischauer to my immediate left is president of american institute and a former director of the congressional budget office and served as a public trustee of the social security and medicare trust fund. to his left is james capretta a former associate director for heart home health care social security education welfare program
: you can come here and help us understand the economy for start starters. >> yeah, that would be fun. that would be fun. >> rose: thank you, congratulations. >> well thanks for having me on. >> rose: rick levin. 20 years, 1993 to 2013 as president of yale university came and yale was not in great shape, he leaves it in fantastic shape. thank you for joining us. see you next time. . >> this is "nightly business report," brought to on you by thestreet.com. multi-media tools for an ever changing financial world. real money helps you think through ideas for investing and trading stocks. action alerts plus is a charitable portfolio that provides trade by trade strategies. online, mobile, social media, we are thestreet.com. a big win for netflix, the stock soaring more than 20% after hours on a strong earnings report. but a big miss for caterpillars they fall short of estimates and the ceo talks about the health of the global economy. and cracked foundation, is the shortage of homes for sale creating a speed bump for the recovery. >>> good everyone, it was a strong earning report late in t
was not working. >> that's a good point. you thought maybe stand above all of the other lesser economies and the news did start to tighten. >> i thought it was the most important article in the paper. maybe they're breaking ranks [ bell ringing ] >> and his own jack lou? >> hard to tell. >> they are geniuses. >> i took economics, and i couldn't wait how long they were. >> there's the bell. s&p at the top of the screen. state street global advisers and blackstone celebrating the recent launch of the spider, senior loan etf. the texas independent producers and the royalty owners association doing the honors. you cannot start this market day, jim, without talking about netflix. a 25% move is a big move even on that name. >> that was a big short position. there was not a lot of stock that was out there. it's a very tight flow. >> a lot of people kept thinking that this is the quarter where we find that the bulge in new subscribers wasn't happening and there are other people who immediately point out, look, the cash flow is not that good and the 36 analysts who cover the stock only six are re
when we return. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> prosecutors are calling it the worst terror attack on u.s. soil since 9/11. the charges filed against him yesterday. it could bring him the death plen penalty. is the case against tsarnaev a slam dunk? my next guest says maybe not. we appreciate you being with us. do you think this young man can blame the whole thing on his brother? certainly from what we're understanding, jake tapper reporting from one government source, it was basically it was his brother who was taking the lead on this and he was kind of following. do you see that as part of -- ultimately what could be part of a defense strategy? >> it could be part of a defense strategy. it is difficult to second guess what another lawyer may do or may not do. certainly, there are some indications in this case that that defense will at least be thorou
is broken. it doesn't meet the needs of our economy and security. we need to move forward with this debate on how to make sure that our immigration system moving forward does meet the needs. >> i'm hearing it sounds like a lot of the things i heard after 9/11 which is that you think really what is broken here when we are talking about this specific case is interagency cooperation. >> we have made great strides over the last ten or 11 years making sure there is better cooperation and communication. more needs to be done. in the case of boston the two suspects we weren't able to track their movements, what they were doing and making sure that we had a handle on some of the folks that did have the opportunity or the proclivity to be involved in terrorism activities. >> if you watched yesterday some serious fireworks during the judiciary committee hearing. let me play that for folks. >> if you have ways to improve the bill, offer an amendment when we start mark up in may. i say that particularly those who are pointing to what happened, the terrible tragedy in boston as i would say an excuse fo
strengthening our borders and our economy when i see you next, kyla campbell, ktvu channel 2 morning news. >>> they are talking about the battery system used in boeing dreamliner jets. the national safety board wants to know how it went unnoticed but the problem grounded those jets three months ago. they approved a redesign system and they are reinstalling those which had been in operation around the world. >>> we are also hearing the first reports of flight delays because of those furloughs and it is part of the budget sequester cuts. and up to 3 -- there are up to 3 hour delays in los angeles, but he many must take one unpaid day. we found out san francisco has 38 traffic controllers and 38 will be furloughed daily. there are 18 traffic controller at san jose's airport and two or three of them will be furloughed as many as every day. >> sal? >>> right now we are looking at a pretty good commute and we will be starting with interstate 880 and oakland and you can see it is definitely getting more crowded and this is the time when more people are getting on the road and if you are driving
the economy grow and create jobs, protect the middle class, and protect seen yours. the president is engaged in a process with lawmakers where he's trying to find commonground to see if commonground exists with republicans around the basic principle to reduce the budget in a balanced way, and he's put forward a plan that would do that eliminating the sequester in the process. when it comes to delays, though, congress has to act in order to avert delays. >> prioritizing spending under the faa, but you want the sequester to inflict maximum -- >> since we did everything we could to avert the sequester, and, unfortunately, the republicans decided as a political matter it was a home run for them to inflick this upon the american people, i think that suggestion just doesn't hold water. secondly, the faa did take action, all the action it could under the law to produce savings and avoid furloughs up until this point where because of the nature of their budget and the personnel heavy nature of their operation furloughs are the only option available to the faa at this time. again, if congress wants t
are beginning to ripple throughout the government and economy. most visible was air travel delays. timing of the effort is unclear it and faces long odds. republicans will oppose the move saying the savings were never intended to be spent in the first place. two other senators urging the obama administration to post own furloughs for air traffic controllers. kansas republican say the cuts are hurting the economy. lawmakers want furloughs postponed to give time to find a remedy. air traffic control cut backs are facing delays nationwide. >> pressure building on a district attorney to resign in texas because she was found drunk driving. the video shows her losing her balance, and failing several times to try to walk a straight line. she pleaded guilty and is serving a 45 day jail term but the 63-year-old two determine d.a.says she has no plans to quit. >> a ground breaking today, the school located on summit drive. as city leaders came out to celebrate, some are not happy bit. abc 7 news has the story. a ground breaking for the newest school in burlingame in 50 years. declining enrollment f
's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the chechen-american teenager accused in the boston marathon bombings now faces a possible death sentence. the filing of charges today officially moved the case into the federal courts, even as the city began returning to normal. dzhokhar tsarnaev was arraigned this morning, at boston's beth israel deaconess hospital, where he remained in serious condition. a short time later came word of the complaint, filed by the u.s. justice department. it formally charged the 19-year- old with conspiring to use a weapon of mass destruction, potentially, a capital crime,
: in a rapidly growing economy, daughters have become an increasing financial liability for their families says this sociologist. >> that don't want to pay dowries, they want to receive dowries. they want to give more education to the boys than to the girls because for them the boys are still more important. >> reporter: and the census shows indians are acting on that bias. for every 1,000 male infants born, there are just 914 females. in some regions, far fewer. in nature, those numbers are about equal. >> the gap began to wideen in the '90s with new ultrasound machines that made it easy to learn the fetus' sex. the scan led to the termination of millions of female pregnancies. in delhi, the center for social research has organized women into neighborhood groups trying to shift the ingrained gender bias, even invoking hinduism's goddess of prosperity. >> ( translated ): we must begin to welcome girl babies into our homes, like the goddess lack shi has come into our home. lack smi. >> reporter: they're also aware of the law that's become known by its english acronym. that's the pre-conception a
something horrible to happen, or you need a total collapse of the economy. i don't see either. >> well, we're actually talking about two different events. relative to a correction this year, i think that we're looking at something similar to 2011. 10 to 20% off in the second or third quarter, kind of a reaction to this building uncertainty, this volatility we have seen since february. in terms of the bigger crash call that i've been making for more than a year now, as the s&p continues to top out very similar as it did in 2000 to 2007, i think you're right. i think that we are looking at some kind of external shock situation. >> no, no, i'm not -- i'm saying that's what you need to make your forecast right. i'm not predicting that. i don't see the end of the world scenario. i don't buy it. >> and i hope that bernanke -- >> gold signal. i just don't buy it. and so much liquidity -- seema, are you hearing this end of the world -- all right. let's take abigail. 10 to 20% correction. are you hearing that? >> if the fed pulls back on monetary support sooner than expected, i think there are trad
because they wanted to tap into the talents of ex-patriots to further boost the economy. kim appreciates this policy shift and says she no longer dwells on the past. >> i pray for my people, vietnam people all the time. and i'm so happy that they continually changing. the new generation, they learning a lot. and the country need to be changed. >> reporter: because of the bombing and because of that picture, life hasn't been easy for kim. she says she wants to draw on her experiences to help create a better world. >> if everyone can learn to live with love, with hope and forgiveness, if everyone can learn that, we don't need war at all. right? and the challenges for everyone is that little girl can do it. so everyone can do it too. >> reporter: she's told her story for three decades. and she's determined to keep telling it to people around the world. nhk world, tokyo. >>> time now to get a check on the weather. the sun's out but it was quite chilly. >> it's a chilly morning. we have a high pressure system dominating much of the country creating clear skies and less winds. so those conditi
disappointing corporate from the u.s. here is growing that the world economy will slow down once again erie it collect -- will slow down once again. >> the dax was up nearly 0.25%. the euro stoxx 550 was also up. over in the u.s., the dow jones is trading at 14,572. that is a slight gain. the euro is trading at one dollar $.30 at the moment. -- $1.30 at the moment. >> still ahead, a tax scandal rocks the world. we will be back in a moment. corexit welcome back. a scandal that has rocked the football world in germany. the country is -- the country -- the most successful team is under fire. >> he used a swiss bank account to hide millions of euros from tax authorities. he turned himself in at the beginning of the year in a bid to avoid prosecution. >> he is a successful businessman and one of the best- known faces in german football. the allegations have tarnished his public image. >> i have to pay tax on everything i earn. i think the same rules should apply to everyone. the authorities should follow it up. >> we do not have the same opportunities as rich people to hide money from authoritie
with ink from chase. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tlont is eviden tonight there is growing evidence that the older brother tamerlan was the leader. briern todd is "out front" live in boston right now. you have information on the visit which was bizarre by the accounts of everyone who was there that day, right? >> reporter: sure was, erin. it was actually the second outburst he had in a couple of months. officials at that mosque are telling us the first came in november when he confronted someone during a service, someone speaking at the mosque. that confrontation was not as clear and not as inflammatory as the one that came in january. this is january 18th on a friday. this was right around the time of the martin luther king holiday. officials at that mosque, the islamic society of boston tell us at that time someone was giving a sermon at the mosque and extolling the virtues of martin luther king junior and saying that mohammad and king were men people should emulate and that was too much for tamer
that our economy is thriving in our districts. thank you. >> hi, good evening, mayor lee and cohen and supervisors and department heads and residents of bayview. i am janet, i have a couple of issues i would like to encourage you to consider. i recently met with steve kawa and mayor lee and john templeton about the development of african-american tourism. and mr. templeton submitted a proposal to provide a way to tap into those funds. and to also bring employment into this area. and to also give value to the lives and the residents of the people that are here. and also again provide a source of employment. the other thing that i would like to encourage you to do is as we have these huge development programs in the area. that are geared towards certain percentage of employment in hiring residents. that you also include professional services such as accounting and legal and real estate sales. and thank you for stretching the dollar as much as you have been able to. i know it's tough. we are counting on you to continue to do the good work you already have been doing. thank you. >> bef
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economy. he made the comment on cnbc yesterday. the equipment company, however, turned in disappointing earnings revenue and forecast in its earnings report. a marketing gimmick paid off for hasbro. the toy company reported moderate revenue growth. hasbro had an onlne contest to create a new token for monopoly. the public choose a cat. the company calls the contest "tremendously successful". the conservative koch brothers are reportedly eyeing a big investment in media - specifically, eight tribune company publications, including the chicago tribune, the los angeles times, and the baltimore sun. media ownership is reportedly something the koch brothers have focused on as part of a long-term plan to shrink the u.s. government and its regulations. a spokeswoman for koch industries says politics has nothing to do with the possible newspaper acquistion. we don't mean to gross you out, but bedbugs are making an aggressive move into hospitals and nursing homes. the national pest management association reports a 6% rise in bedbug extermination at hospitals, while the number has doubled to 46%
in setting up obamacare. why didn't they, john? it is their law. >> it is 1/6 of the economy and it has a lot of moving parts and frankly i think we reached the point where bureaucratic government, 20th century style can handle something this complex without proper price signals and proper market signals. the health care industry is a mess. half of it is paid are by the government. they set prices for the other half which is privately managed. i don't think it works, health savings accounts and health plans and extending people a lifeline if they get really seriously sick the we need to send market signals. right now this thing is a train wreck and there is nothing --. bill: that is your solution. what's theirs? >> their solution is we should trust them to make it work. and maybe after a few years it will work but right now everybody is confused. and of course the problem with these democrats foresee is the 2014 midterm elections are coming and if obamacare isn't perceived as working, people are going to say, i'm upset. i'm mad. remember, president obama promised americans, if you like your h
administration seems to be trying to inflict the most pain on the economy to force republicans to cave in and negotiate a tax increase. so instead you have furloughs of hundreds of air traffic controllers across the country, and you've got major headache for travelers because you have delays at major airports, and miami and dallas and los angeles, two, three hours, and people are missing connects. so, it's become quite a crisis with respect to travel. neil: now, obviously some republicans are getting concerned bus a couple of them ordered like a 30-day freeze on firing or layoffs. but it really isn't the republican's fault? >> look, first of all, tim carney put out a statement saying this is all because the republicans won't negotiate on the sequester. remember, this is $50 billion out of that $3.8 trillion budget. so the -- >> neil: they all agreed to it. >> they all agreed. >> neil: democrats and republicans, the president the prerogative to cut. one of the points the president rejected that and let this cut goes, but agency heads have wide discretion of their own. >> they do. >> nei
. al, what do you make of that? we were given that they were at least clawing back. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, f most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there is still a foreclosure crisis going on, unemployment is still high we have not by any stretch of the imagination seeing what seem people call a recery. neil: we're well off the matt from lows. any trend or any improving trend looks good. when it is disrupted we feel bad. >> no, but i think that al's comment, ner as good as they say it is but never as bad, whole market has been en few fuego, have a tried to get a motorrage lately. -- mortgage lately. i tell you, they are not lending credit, and demand is not there for creditworthy borrows either, because people are not making more money, and businesses are not hiring. neil: tomorrow, you are jumping gun we talking about proctologists who offer mortgages. >> i
. is a past to citizenship appropriate good bad for our economy? is in the national interest? is it good for american society? the real question becomes after tenures why do we have these answers? gerri: if you don't have the answers i don't know who would. >> thank you for that. what we tried to point* out is precisely that that so many of these issues how much benefit to be derived from immigration what will it really cost to follow a pathway to citizenship and the gang of 8 plan? we don't have those answers. what is funny and all of this today the media matters' left-wing activist group said that lou dobbs is anti-immigrant because he is asking questions. they'' to a fellow who was very nice and i am sure a good man out of ucla who just happens to be a chicano activist who opens all sorts of numbers we cannot rely on just as you cannot rely on the numbers from the federation for immigration reform. the government is in the one providing these answers. did not have the answers for their own committees, congress the senate or the president. gerri: will we get them? is there a sense that
that people view as specific predictors of where the economy is going. and again, you can see while it did go down in august of 2012, we've essentially had six straight months of either flat or up and then we had a down. and, again, we would normally want to see something like three months of a trend before we made too much of this. but the fact is, that's not -- it's not a good news. so the question is, well, why is this happening? we've had -- first we've had soft spots in the economy for the last two or three springs. might be another one of those. but you have had the payroll tax increase go into effect. you've had sequestration go into effect. you have no growth in people's incomes. that was the more disappointing numbers out of the last unemployment insurance report. and if people don't have money, they can't spend money. and finally, we're being affected in the slowdown in europe in particular and the slowdown in the emerging markets. our export growth has fallen to about zero at the moment because there isn't demand overseas for our products. so it feels like a little bit of a soft sp
get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ >>> welcome back to a special edition of "newsroom," live from boston. i'm wolf blitzer reporting. today, the fbi faces a grilling on capitol hill over the boston bombings, lawmakers want to know if the agency missed vital clues two years ago. that's when agents interviewed the older suspect, tamerlan tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be
and will have a great environmental and economic impact. another study in new york looked at not only economi the economit of environmental impact and said fracking can be done safely. two studies done by either coast. the tax revenues are big enough, powerful enough, job creation big enough will override the power environmentalists have in the state of california. stuart: i think you're right, i'm asking you if california goes ahead and does this, that would open the door to all of america. i can't see anybody standing in the way of fracking for natural gas and oil. >> that is right. it is a similar decision obama made on the keystone pipeline situation. the prime minister of canada was shocked and turned it down. his administration looked at it, probably the most research environmental project ever, and obama turned it down. not for science reasons, but for political reasons. will jerry brown turn it down for science reasons or political reasons? i don't think he will turn it down. his concern about the state deficit, $500 billion unfunded pension liabilities, stuart, they have to do someth
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